Gann named one of his books "45 years in Wall St because 45 is an important cycle.It is 1/8 of the circle 360. Ftse is 45 weeks from the April high and 34 weeks from the 4790 low.Macd is rolling over and we have a potential evening star reversal.There looks to have been quite a bit of churning the last few weeks around 6000,the Gann 1/4 level from 4800...this is most likely distribution.Ftse is showing negative divergence with markets like the Dax and S&P,which made new highs
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